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Colombian Regulators Urged To Ditch ‘Obsolete’ Draft Crypto Law + More News
26.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Colombian regulators have been urged to start drawing up the country’s crypto legislation again from scratch...
Money Reimagined: Crypto’s Diversity Problem
26.6.2020
Technology on its own doesn't ensure inclusion. People do. There’s nothing intrinsically fair about a blockchain
Online Data Analysis Points to Venezuela Accepting BTC for Passports
26.6.2020
During the last week, a number of bitcoiners have been discussing Venezuela’s Administrative Service for Identification, Migration, and Foreigners, also known as SAIME accepting bitcoin payments for passport applications and renewals. A number of crypto journalists couldn’t confirm...
Blockchain Bites: Crypto.com Refunds, Sovrin’s Layoffs and AML Bitcoin’s AML Issues
26.6.2020
New York officials have instituted a three-strike rule for crypto firms applying for the BitLicense, the Sovrin Foundation is now volunteer run and Aussies can now buy BTC at their post office
Bitcoin.com Is Giving BCH Users a Way to Send Crypto Via Email
26.6.2020
New service from Bitcoin.com lets users send Bitcoin Cash to anyone with an email — something Roger Ver believes this is no longer feasible with Bitcoin
Coinbase Lists Compound’s COMP Token for Retail Crypto Traders
26.6.2020
The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump
How the Crypto Community Helped Us Raise $110,000 for Charity
26.6.2020
The campaign, by CoinDesk, Gitcoin, Ethereal and the Giving Block, raised money for COVID-19 relief using "quadratic funding" to make donations
Over $1B in Bitcoin Options Set to Expire Today – Crypto Speculators Expect Massive Shakeup
26.6.2020
Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less volatile during the last three weeks, but over 114,000 bitcoin options...
Blockchain Game Firm Releases Samsung Phone Featuring a Crypto Wallet
26.6.2020
Source: H_Ko
Samsung has released three special-edition Galaxy smartphones in conjunction with WeMade Tree, the blockchain arm of South Korean gaming giant WeMade.
The devices are customized versions of the Samsung Galaxy S20, S20+ and S20 Ultra, but come pre-loaded with WeMade Tree’s Wemix...
Crypto.com to Refund Clients As Wirecard’s Card Issuer Told to Cease Operations
26.6.2020
Card issuer Crypto.com is refunding 100% of customer balances as the U.K. regulator orders Wirecard Card solutions to cease operations
Crypto Cards Still Working as UK Regulator Suspends Wirecard Subsidiary
26.6.2020
Wirecard’s subsidiary that is responsible for issuing debit cards has been suspended as the company can no longer access customer funds
Ebang to Establish Crypto Exchange and Mining Farms After Going Public
26.6.2020
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion
Thailand Vows to Crack Down on Narco Profits Stashed in Commodities and Crypto
26.6.2020
Thai authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency
Bitfinex Launches Open-Source Crypto-Powered Streaming Protocol
26.6.2020
Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub
EU Creating a Regulatory Regime for Cryptocurrencies, Says Economic Chief
26.6.2020
The planned regulatory regime could include stricter rules for projects deemed "global stablecoins," a subtle reference, possibly, to Libra
Crypto Prediction Markets Face Competition From Facebook ‘Forecasts’
26.6.2020
Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp
Review: Crypto.com’s Ruby Steel Prepaid Visa Card
26.6.2020
A number of members in the cryptocurrency community, typically people who are paid in crypto assets, have tried a myriad of prepaid cards that can be credited with digital currencies like bitcoin. The following post is a review on the Crypto.com prepaid Visa card in order to give our readers some...
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Research Suggests Transparency is Key for Utility-Based Crypto Projects
25.6.2020
Crypto prices on the secondary market may depend on how much information is given to stakeholders says fintech researchers
Former US Treasury Head Calls Payment ‘Friction’ the Best Argument for Crypto
25.6.2020
Clinton-era Treasury Secretary Summers doesn’t buy some of the crypto community’s anarchic sentiments but agrees that they are solving a major problem